Chapter 18 Sales promotion and Personal Selling
Like many
other companies Lay’s chip uses sales
promotion to increase the effectiveness of its promotional efforts. Sales
promotion offers consumers an incentive to buy, either by lowering price or
adding value. Lay’s doesn’t uses
consumer sales promotion for consumer market but use trade sales
promotion for the members of marketing channel such as wholesalers or
retailers. Recently lay’s started
offering a small pack of chip for 99 cents and I purchased it because it’s cheaper
and tastier than the other products.
Marketers
use sales promotion to increase the effectiveness of their promotional efforts.
The company does this by using trade sales promotion with such tactics like
online promoting. They don't use coupons, rebates, premiums, loyal marketing
programs, contests, and sweepstakes.
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